Arbitrum DAO - DAO Core
This represents the long-term programs, committees or groups funded by and supporting the effective functioning of the Arbitrum DAO - these are funded directly by the DAO and not via a Grants Program. The pledged outflows amount indicates the amount allocated to each group via an on-chain governance vote, while actual outflows are funds which are then distributed from the wallet at which point they are "spent".
DAO Development Budget (ARB)
5m
+1.6m
3.5m
+200k
2.5m
+1.8m
0
Arbitrum Research & Development Collective
ArbitrumDAO Procurement Committee
Delegates Incentive System
Total
DAO Development Spend - March 2023 to July 2024 (ARB)
4m
+498.2k
2.2m
+143.4k
+1.6m
2m
0
Arbitrum Research & Development Collective
ArbitrumDAO Procurement Committee
Delegates Incentive System
Total
Arbitrum Research & Development Collective
The ARDC initially proposed maximum budgets for the 4 main categories within the collective (as outlined in the Tally proposal and covered in our first Token Flow Report). These budgets were specified in ARB - however, proposals for each role were ultimately specified in USD. Therefore, the DAO allocated ARB to fund this initiative that was denominated in USD. Over the course of the ARDC's deployment, ARB prices fell materially - the multisig was funded at a price of USD1.74 / ARB vs. current prices of USD0.64 / ARB. This resulted in the collective running out of funding - ARB was never converted into stablecoins but rather left to fluctuate with ARB/USD prices which has led to a funding shortfall.
ARDC Spend - March 2023 to July 2024 (ARB)
750k
665k
546.9k
500k
377.6k
377.6k
335k
332.5k
332.5k
233.9k
250k
118.1k
101.1k
50k
33.3k
30k
20k
16.7k
16k
10k
8.5k
7.5k
0
(45.1k)
(45.1k)
-250k
Security - OpenZeppelin
Research - Blockworks
Research - Delphi Digital
Risk - Chaos Labs
DAOAdvocate - L2Beat/Ant Federation
Multisig Signers Immutable Lawyer
ARB Budget 1.8m
ARB Sent to Date 1.6m
ARB to be Sent 163.3k
12
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